CAIRO (Reuters) - Egypt hopes to conclude a deal with the International Monetary Fund for a $4.8 billion (3.1 billion pounds) loan by the end of April, the investment minister said on Thursday.
"We have hope, God willing, that we can, by the end of April complete the loan," Osama Saleh, the investment minister, told journalists. Earlier, the state-run newspaper al-Ahram reported that the government would formally invite an IMF team on Thursday to reopen talks on a deal.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!